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New grant aims to expand Cook Islands housing stock by 3 per cent
Thursday 5 June 2025 | Written by Talaia Mika | Published in Local, National
This long-awaited announcement follows years of anticipation from the public, stemming from the government’s initial promise of 5 per cent home loans for first-time buyers leading up to the 2022 general election. It also comes after Prime Minister Brown signalled the government’s intention to address the ongoing housing shortage in the Cook Islands. LOSIRENE LACANIVALU / 25052131
Government has set a cap of about 100 recipients over five years for the grant under its new initiative, which aims to support first-time home builders and expand the Cook Islands’ housing stock by 2-3 per cent.
Government has set a cap of about 100 recipients over five years for the grant under its new initiative, which aims to support first-time home builders and expand the Cook Islands’ housing stock by 2-3 per cent.
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